Electricity bills could spike by as much as 20 per cent by August if fuel prices fluctuate at $110 to $115 a barrel, the Electricity Authority (EAC) said on Thursday.
The EAC held ...
Finance Minister Makis Keravnos on Wednesday announced that the government will extend the application of a reduced value added tax rate for home electricity consumption for another year.
Speaking after ...
Citizens in Limassol can now pay their water and sewerage bills through local post offices and selected supermarkets, the Limassol district government (EOA) announced on Thursday.
EOA Limassol president Yiannis ...
Since Cyprus launched its competitive electricity market on October 1, early activity shows households are beginning to explore new pricing options, the electricity market association said on Friday.
Officials stated that ...
Many will have been surprised reading the report that Power Energy Cyprus (PEC), which is building a power station in Vassiliko, and Greece energy company Energean signed a letter of ...
Greek Prime Minister Kyriakos Mitsotakis urged the media in both Greece and Cyprus to “not go overboard” with its reporting on differences of opinion between the two countries over the ...
“For the first time, citizens and businesses in Cyprus can choose their electricity supplier,” government spokesman Konstantinos Letymbiotis said on Thursday, as the country opened its long-awaited competitive energy market.
...
Cyprus’ energy market will be opened up to private companies on October 1, the energy regulatory authority (Cera) confirmed on Friday.
It said the move will “mark a new era in ...
Electricity tariffs will rise by three per cent from the next two-month billing period, Energy Minister George Papanastasiou confirmed on Saturday.
Speaking before the the electricity authority’s scientific staff’...
The energy regulator (Cera) said on Tuesday it’s awaiting a response from the finance ministry on whether to include a tariff on electricity bills for the first €25 million that ...
The electricity authority of Cyprus (EAC) reported new incidents of an online electricity bill scam on Friday.
The messages falsely claim that an electricity bill remains unpaid with the title “...
‘Smart purchases’ of fuel stocks by the Electricity Authority of Cyprus (EAC) should offset a potential coming hike in the basic electricity rate, the energy minister said on Tuesday.
George ...
President of the technical chamber Etek on Thursday said that the energy minister’s concerns about the opening up of the electricity market were reasonable and justified.
In a written ...
The Electricity Authority (EAC) has decided not to insist on a 7.5 per cent increase rate on electricity bills and to request that the adjustment be limited to just 3 per cent, ...
Energy Minister George Papanastasiou on Wednesday said there is “no way” that consumer electricity bills will go up by 9.5 per cent.
Speaking after the day’s cabinet meeting, he described ...
House energy committee chairman and Disy MP Kyriakos Hadjiyiannis on Tuesday lambasted President Nikos Christodoulides’ “highly illegal” intervention over the matter of forthcoming rises in electricity bills, describing it as ...
Energy Minister George Papanastasiou on Friday said he is unsure whether the opening of Cyprus’ electricity grid to private companies will lower people’s electricity bills.
Speaking to the Cyprus ...
The Electricity Authority (EAC) has sent out vouchers worth €20 each to vulnerable consumers for the purchase of energy-efficient LED bulbs, to replace their old ones, with the aim of reducing ...
The head of the certified electricians’ association, George Kyriakou, on Wednesday warned the public about faulty cut-off switches linked to photovoltaic (PV) installations, and separately cautioned against rushed installations of ...
Cypriots pay the second-highest rates for electricity in Europe when adjusted for spending power, Eurostat data released on Tuesday showed.
Only consumers in the Czech Republic pay more for their ...
President Nikos Christodoulides announced the reduction of VAT for home electricity consumption during his televised address to the nation overnight.
During a review of what had been achieved during his ...
The House plenary on Thursday evening passed the 2025 budget for the Electricity Authority of Cyprus (EAC) with lawmakers grasping the opportunity to rail against the high cost of energy.
The ...
The Cyprus energy saving association held its annual general and electoral assembly on Friday, reaffirming its commitment to energy efficiency and sustainable development.
In his address, outgoing president George Georgiou ...
Households and businesses across Cyprus will soon have better control over their electricity costs, thanks to the nationwide rollout of smart meters by the electricity authority of Cyprus (EAC).
With 500,000 ...